NOT LISTED FOR SALE

1402 NW 56th St Miami, FL 33142

Liberty City Neighborhood

Estimated Value: $412,081 - $445,000

2 Beds
2 Baths
920 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $340,000 $370 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,754/month

49 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2022

EXCELLENT OPPORTUNITY TO OWN A DUPLEX !!! INVESTORS WELCOME!!!
This is your opportunity to own a Duplex in a quiet neighborhood in Miami.
The building was renovated in 2018-2019, including interiors of units. Tenant #1 is on a month to month agreement. Tenant#2 - Lease expires 1/31/23.There are two 1 Bedroom 1 Bath apartments currently rented at $875 monthly, below current market value. The lot is 5,900 Sq Ft with zoning for up to 9 units. No guarantees - Buyer to conduct due diligence with Building Dept. OPPORTUNITY!!! UNITS ARE OCCUPIED. PLEASE DO NOT DISTURB TENANTS. Call Listing Agent. 24 hour advance notice to show.

Last Agent to Sell the Property

Barbara Guerra

RE/MAX All Keys Real Estate License #3334586 Listed on: 09/22/2022

RE/MAX All Keys Real Estate

Last Buyer's Agent

Edwin Davila

Horizon Real Estate License #3482814

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1936

Lot Details

  • 5,881

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Orange Heights Condos
  • Orange Heights Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 01-31-14-035-0250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: ORANGE HEIGHTS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 920
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORANGE HEIGHTS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-035-0250
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2406

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 30, 2022
Sold by
Valdes Andre
Bought by
Davila Dana Elizabeth
Seller's Agent
Barbara Guerra
RE/MAX All Keys Real Estate
Buyer's Agent
Edwin Davila
Horizon Real Estate
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
18
Current Estimated Value
$428,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,520
Avg. Annual Appreciation
8.75%
Original Mortgage
$283,900
Outstanding Balance
$275,088
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$153,432

Purchase Details

Closed on
Sep 5, 2013
Sold by
C & Ck Custom Design Inc
Bought by
Valdes Andre

Purchase Details

Closed on
Oct 26, 2010
Sold by
Countrywide Home Loans Inc
Bought by
Meridian Trust Llc

Purchase Details

Closed on
Oct 21, 2010
Sold by
Meridian Trust Llc
Bought by
C & Ck Custom Design Inc

Purchase Details

Closed on
May 28, 2010
Sold by
Hernandez Oscar
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 29, 2006
Sold by
Spahi Mohamed and Spahi Khadiga
Bought by
Hernandez Oscar and Hernandez Hortensia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2005
Sold by
Bendross Derrick
Bought by
Spahi Mohamed and Spahi Khadiga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 1994
Sold by
Morgan William Lewis
Bought by
Bendros Derrick
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davila Dana Elizabeth $340,000 E Title Services
Valdes Andre $25,000 Attorney
Meridian Trust Llc $20,000 North American Title Company
C & Ck Custom Design Inc $28,000 Survivor Title & Escrow Inc
Countrywide Home Loans Inc -- None Available
Hernandez Oscar $193,000 Attorney
Spahi Mohamed $130,000 --
Bendros Derrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Dana Elizabeth $283,900
Previous Owner Hernandez Oscar $154,400
Previous Owner Spahi Mohamed $130,000
Previous Owner Bendross Derrick $120,000
Previous Owner Bendross Derrick $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $340,000 -6.8% $370 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $365,000 0.0% $397 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $365,000 -- $397 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,087 $273,944 -- --
2024 $5,816 $257,439 -- --
2023 $5,816 $245,945 $168,070 $77,875
2022 $2,852 $47,333 $0 $0
2021 $2,406 $43,030 $0 $0
2020 $2,238 $129,634 $70,589 $59,045
2019 $1,748 $70,112 $47,060 $23,052
2018 $1,564 $53,569 $34,094 $19,475
2017 $1,429 $28,328 $0 $0
2016 $1,330 $25,753 $0 $0
2015 $1,281 $23,412 $0 $0
2014 $1,245 $21,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Guerra

    Seller's Agent in 2022

    Barbara Guerra

    RE/MAX

    (305) 389-8413

    1 in this area

    31 Total Sales

    Barbara Guerra
    Section Image

  • E

    Buyer's Agent in 2022

    Edwin Davila

    Horizon Real Estate

    (305) 764-2228

    2 in this area

    4 Total Sales

    Edwin Davila
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11273364

MIAMI REALTORS® MLS

APN: 01-3114-035-0250

Florida Miami/Dade County Miami 33142 Liberty City

1402 NW 56th St, Miami, FL

This home is located at 1402 NW 56th St, Miami, FL 33142 since 22 September 2022 and is currently estimated at $428,520, approximately $465 per square foot. This property was built in 1936. 1402 NW 56th St is a home located in Miami-Dade County with nearby schools including Orchard Villa Elementary School, Brownsville Middle School, and Miami Northwestern Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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